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Funding

Prezi Raises $14 million Series B Funding led by Accel Partners.

Vallabh Rao
15th Dec 2011
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Prezi, the zooming presentation software, announced today that it has closed $14 million in Series B financing led by Accel Partners. Prezi was launched in April 2009 from Budapest, leading to investments from TED Conferences and Sunstone Capital. The San Francisco office was established in November 2009."Sharing ideas should be fun!" says Prezi CEO, Peter Arvai. "Prezi is a great way of sharing ideas where both the big picture and small details matter. Business people and educators around the world are using Prezi to engage people in a deeper exchange of ideas and to ensure that those ideas have a lasting impact. We're excited to leverage Accel's extensive experience growing businesses."

The Series B also includes renewed participation by Sunstone Capital, who led the company's $1.5 million Series A in syndication with TED Conferences in 2009. Accel's Andrew Braccia, who led the investment will be joining Prezi's board of directors.

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